Tag: Altice

Iliad’s Xavier Niel shows interest in Altice Portugal 

Billionaire Xavier Niel, who owns French telco Iliad, has expressed an interested in purchasing Altice Portugal, according to a report from Bloomberg . Altice Portugal, which is part of Altice Group and serves customers using the brand name Meo, is owned by French billionaire Patrick Drahi, who indicated his intention to sell the unit in summer last year.  

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Altice to sell control of data centre business 

French telecoms company Altice has entered into an exclusivity agreement to partner with Morgan Stanley. As part of the deal, Altice France is set to sell a 70% share if its data centre business to Morgan Stanley for €535 million, which will create a new venture named UltraEdge, which will operate 257 data centre and office space across France.  

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